Analysing Forex from The Market side & perspective.
Hello traders, lets see what happened last week. GBPUSD rallied with uptrend of 200 pips until mid week and went back down also 200 pips until weekly close. As we can see at June, 25 & 26 that The Market was sideway to attract traders to open positions which matched our SELL positions at 1.2393. Today we have a downtrend market with trendline as our guide. We also expect few high impact news this week to strengthen our positions.
We have two recommendation of positions. BUY at 1.2432 if the trend changes and SELL at 1.2305 following ongoing trend. The SELL posiitons is so close, make sure you dont miss it.
Hello traders, lets see what happened last week. GBPUSD rallied with uptrend of 200 pips until mid week and went back down also 200 pips until weekly close. As we can see at June, 25 & 26 that The Market was sideway to attract traders to open positions which matched our SELL positions at 1.2393. Today we have a downtrend market with trendline as our guide. We also expect few high impact news this week to strengthen our positions.
We have two recommendation of positions. BUY at 1.2432 if the trend changes and SELL at 1.2305 following ongoing trend. The SELL posiitons is so close, make sure you dont miss it.
